my attorney says i have a high value case. what does that mean

If you have a particularly strong case, where the facts are not in dispute and liability is relatively clear, you are likely in a position to place a high value on your case and still settle. However, for every crack and weakness in the facts of your case, your demand will likely be reduced accordingly.

Full Answer

Do you know the value of your case?

The value you place upon your case can directly impact how settlement negotiations are handled. In fact, injured parties sometimes make extremely high demands to force unwilling defendants into mediation or facilitation. Only you, as an injured person, can know the true value of a case.

What happens if a lawyer doesn’t have a strong case?

If a firm doesn’t think you have a strong case, they certainly don’t want to add a loss to their record. Lawyers have an interest to protect their own reputations since a strong reputation will draw in more clients, just as a weak reputation will do exactly the opposite.

Why would a personal injury lawyer pass on my case?

In personal injury cases, how badly you’re injured is an important factor in a case. If your injuries are minor, an attorney may pass on your case because the expected monetary compensation will also be minimal. 5. There is a conflict of interests Lawyers have an ethical duty to not represent clients who may have adverse interests.

Do you know the true value of your personal injury claim?

Only you, as an injured person, can know the true value of a case. But when placing a settlement value on a personal injury claim, it is important to keep in mind that the ultimate goal is recovery and that recovery requires compromise.

What does value case mean?

Case value is determined by looking at a legal concept known as “damages”. The types of damages incurred in an accident caused by another party's negligence, carelessness, or intentional acts vary from case to case. They are used to calculate an amount of money to compensate you for a range of losses.

How is settlement value calculated?

Settlement value is essentially based on what a jury would award you for what you went through because of your injury. That number is the sum of your pain, your suffering, your bills, and your lost wages.

What's the highest percentage a lawyer can charge?

No matter when the claim settles or how much, the legal representative usually cannot take more than the 33.33 percent of compensation awards. However, most of the fees and expense the lawyer will acquire through the completed case are in the fine print of a legal agreement between client and lawyer.

How do you value a case?

To make this determination, a plaintiff must compare the potential damages that he or she will recover to the cost of pursuing the case.Liability. ... • Duty. ... Medical Expenses. ... Lost Wages. ... Property Damage. ... Pain and Suffering. ... Insurance. ... Other Factors.More items...

What is a good settlement?

A good settlement offer works in your favor and puts you back in a position of favor after the settlement is made final. Settlement offers need to consider all of the factors that have touched you in relation to your losses, damages, and personal injuries.

How much does a lawyer take from a settlement?

Typically, the percentage is between 15% and 33% including VAT.

How do lawyers negotiate settlements?

The negotiation process typically starts with your lawyer providing a written proposal for settlement to the insurance adjuster or the defendant's lawyer. The adjuster or lawyer will respond to your lawyer either in writing or over the phone.

Will a lawyer take a losing case?

If your case isn't winnable, no lawyer will want to waste your time, or the court's time, pursuing legal action. However, if you have a case where the facts and evidence are in question, but the damages you could recover are high, an attorney with extensive experience in cases like yours might take the case.

How are personal injury settlements paid?

When a settlement amount is agreed upon, you will then pay your lawyer a portion of your entire settlement funds for compensation. Additional Expenses are the other fees and costs that often accrue when filing a personal injury case. These may consist of postages, court filing fees, and/or certified copy fees.

How do you value a litigation claim?

Generally, the greater the likely damages, the more valuable the claim and the smaller the percentage of proceeds that will be needed in consideration of the investment. Many litigations are embedded with multiple claims, each with a different model of damages and each with a different probability of success.

What is the difference between a wrongful death and a survival action?

Typically, a survival action is brought forth by the executor of the decedent's estate. In a wrongful death claim, possible plaintiffs (the people filing the lawsuit) include the deceased person's spouse or children, other legally recognized financial dependents, or the parents of an unmarried decedent.

How do you calculate employee settlement amount?

The formula is: (15 * Your last drawn salary * the working tenure) / 30. For example, you have a basic salary of Rs 30,000. You have rendered continuous service of 7 years and the employer is not covered under the Gratuity Act. Gratuity Amount = (15 * 30,000 * 7) / 30 = Rs 1,05,000.

What is the formula for personal injury settlements?

The general formula runs from 1.5 to 5 times the total amount of economic damages as the estimate for non-economic damages. The value of the multiplier will be based upon your claims of pain & suffering, the provable extent of your injuries and estimates for future potential need for medical care and pain & suffering.

How is property settlement calculated in a divorce?

How to calculate a fair settlementMake a list of assets and liabilities.Assess the initial contributions of each party.Consider the length of the relationship.Determine whether or not any assets or liabilities should go together or in separate pools.Deduct the liabilities from the assets to get the total property pool.More items...

What is settlement value?

Settlement Value means the amount which the holder of a Contract may receive for a Contract held until Expiration. The Settlement Value of a Binary Contract is $100. The Settlement Value of a Variable Payout Contract is determined as described in the definitions of Long and Short Variable Payout Contracts.

He hears what you're saying

He lets you talk most of the time, interrupting periodically with short questions.

Copying costs to start

Then, as your records come in, your lawyer MUST read each and every page of every single record.

However, in every medical malpractice case in New York, we MUST have an expert confirm you have a good case

Sending your records out to an expert and having him review it takes time.

Maybe you are nasty and obnoxious and refuse to listen to your lawyers' advice

There could be many reasons why an attorney would decline to handle your matter, even after his medical expert has confirmed you have a valid case.

The reality is no, it doesn't

But, it gets us in the courthouse door, assuming of course your lawyer wants to accept you as a client.

What's Behind the Question?

"How much is my personal injury case worth?" It's one of the most common questions on claimants' minds (right up there with How long will my personal injury claim take? ).

Is All the Evidence In?

With respect to a case’s settlement value, even the most experienced lawyer will have a difficult time offering a meaningful opinion until all of the evidence is in and can’t be changed.

The background

If you’ve been charged with a criminal offence, your lawyer has probably told you that it will be necessary to see what the disclosure has to say. The disclosure is the package of materials that the Crown has an obligation to provide to you. It sets out what the police and Crown are alleging against you.

The elements of the offence

It is up to the Crown to prove the essential elements of any offence. If it is an assault, it must be proved beyond a reasonable doubt that the accused applied force, intentionally, to another person, without that person’s consent. The Crown also has to prove when and where the assault occurred and the identity of the accused.

Do you have any witnesses?

The Crown has the obligation to prove the case beyond a reasonable doubt but, if possible, having a strong witness to come forward can be very helpful and may be the difference between a strong case and a weak one. But, it depends on the witness. They should be unbiased and have something definite to say.

What witnesses does the Crown have?

It is the Crown’s case to prove. Your lawyer will want to find out from you whether any Crown witnesses are reliable. There may not be any other witnesses other than the alleged victim.

Weighing the evidence

A lot of importance is placed on eye-witness testimony but that is not the only evidence.

What to do if your lawyer doubts you?

Tell the Truth. If your lawyer doubts you in the consultation, or doesn't think you have a case, while that may change over time, getting over an initial disbelief is very hard. You have to prove your case. Your attorney is not your witness. They are your advocate - but you are responsible for coming up with proof.

Why do people hire lawyers?

Most people hired attorneys because they don't want to sit in court. Well, truth be told, neither do I. The difference between lawyer and client is that the lawyer expects it to take a long time and understands. The client typically thinks it's unjustified. So, your hard truth is that each case takes time. Be patient.

Why is credibility important in court?

Credibility is one of the most important things in this world - and most important in a courtroom. If you care enough only to wear sweats to the courthouse, then the judge will see that you don't care, and that will be reflected in their desire to help you, listen to you, and decide in your favor. Step it up.

What to say when a judge can see your boobs?

If the judge can see your boobs, he's not listening to your story. If I can see your boobs, then I know you didn't care enough about yourself to talk to an attorney. Dress like you are going to church. Credibility is one of the most important things in this world - and most important in a courtroom.

What happens if you don't pay your lawyer?

If you don't pay your lawyer on the day of trial, or however you have agreed to, then while he or she may be obligated by other ethical duties to do his/her best, they won't be motivated by sympathy for you, and it will show in court.

What to do if no one can confirm a story is true?

If no one can confirm that the story is true, you will at least need something external, such as a hard copy document, to prove your case. Be prepared.

Do lawyers need to take more cases?

Don' t forget that lawyers don't always need to take more cases. Yes, new clients are a great thing, but I don't want clients that will eat all my time and get no where fast. Your tip: keep your communication very simple and to the point.

How to get a good lawyer to take your case?

“If you want to improve your chances of securing the best lawyer to take your case, you need to prepare before you meet them,” advises attorney Stephen Babcock. “Get your story, facts, and proof together well before your first meeting.” This not only ensures that you understand your own needs, but it helps a good lawyer to ascertain whether he or she can actually help you. “We want the best clients too. Proving you’re organized and reliable helps us.”

Why is it important to approach a lawyer with honesty?

“ Winning cases can be lost because of a client who lies or exaggerates just as easily as because of a lawyer who tells the client what the client wants to hear instead of what is true.” So when dealing with attorneys, don’t just look for honesty—be honest.

Do you need a lawyer to write a demand letter?

On reading a demand letter, the other person will often say, “this isn’t worth the trouble” and they quickly settle. But here’s a secret from Knight: You don’t need a lawyer to write a demand letter. You can do it yourself. Just make it look as formal as possible, and you may find your dispute goes away—no charge to you.

Should a lawyer stay out of court?

In fact, a lawyer should try to stay out of court. “In my experience, a good lawyer always finds every opportunity to keep a case from being decided by a judge, and only relents on trying a case before the bench when all alternatives have been exhausted,” attorney, Jason Cruz says.

Why won't a lawyer take my case?

Here are the top 7 reasons why a lawyer won’t take your case: 1. There is No Money to be Made in Your Case. There is a real cost associated with trying a case. For a lawyer to take a case, the case needs to have the potential to recover more money than the lawyer will have to invest to try the case.

Why is it important for a lawyer to protect their reputation?

Lawyers have an interest to protect their own reputations since a strong reputation will draw in more clients, just as a weak reputation will do exactly the opposite. In personal injury cases, how badly you’re injured is an important factor in a case.

What happens if a lawyer doesn't take your case?

Additionally, the cost of developing the testimony to prove up your case has to be factored into the analysis of the attorney. If the cost of the expected depositions exceeds the expected return on the case, an attorney most likely will not accept the case. If a lawyer doesn’t take your case, you can get a second opinion from another lawyer who has ...

What happens if you are dropped from another law firm?

If your case has been repeatedly “released” or “dropped” from another law firm, subsequent attorneys will think twice about taking your case from either a liability perspective or an unreasonable expectation perspective.

How long do you have to sue for a personal injury?

For example, in some states, the statute of limitations on personal injury claims is two years, so that means you have two years to sue for a personal injury case.

What does it mean when a lawyer takes on a new client?

7. They don’t like you. A lawyer is never obligated to take your case. Taking on a new client means starting a new working relationship – and relationships are a two-way street. If you’re perceived to be difficult to work with, obnoxious, or abrasive, then they may choose to pass on your case.

Is it important to be selective in choosing a lawyer?

Even though it is crucial and recommended to be selective in choosing a lawyer, it’s important that you focus on whether or not the lawyer in question has expertise and a history of winning the type of case you’re involved in.